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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Sep. 30, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 107,316 $ 154,047
Accounts receivable, less allowance for doubtful accounts of $9,688 and $9,734, respectively 279,726 302,945
Inventories (Note 8) 505,000 476,345
Other current assets 74,906 71,470
Total current assets 966,948 1,004,807
Property, plant and equipment:    
Land and buildings 414,783 413,865
Machinery and equipment 1,945,347 1,959,176
Less accumulated depreciation (1,323,700) (1,317,906)
Property, plant and equipment, net 1,036,430 1,055,135
Other assets:    
Goodwill (Note 16) 274,897 277,615
Other intangible assets, less accumulated amortization of $156,375 and $153,972, respectively (Note 16) 116,475 120,041
Operating lease right-of-use assets 48,986 50,341
Deferred income taxes 57,326 58,742
Other 106,506 99,080
Total other assets 604,190 605,819
Total assets 2,607,568 2,665,761
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 10) 368 8,365
Current operating lease liabilities 13,873 14,220
Accounts payable 177,077 177,659
Accrued income taxes 25,513 18,059
Accrued expenses 47,662 61,489
Other current liabilities 124,730 157,602
Total current liabilities 389,223 437,394
Long-term debt, less current maturities (Note 9) 592,510 592,108
Operating lease liabilities 35,776 36,800
Deferred income taxes 23,520 23,710
Accrued pension and postretirement benefits 166,398 171,067
Accrued income taxes 4,188 4,246
Other liabilities 31,306 32,231
Total liabilities 1,242,921 1,297,556
Commitments and contingencies
Kennametal Shareholders' Equity:    
Preferred stock, no par value; 5,000 shares authorized; none issued 0 0
Capital stock, $1.25 par value; 120,000 shares authorized; 83,622 and 83,614 shares issued, respectively 104,527 104,518
Additional paid-in capital 550,790 562,820
Retained earnings 1,012,055 992,597
Accumulated other comprehensive loss (342,421) (330,327)
Total Kennametal Shareholders' Equity 1,324,951 1,329,608
Noncontrolling interests 39,696 38,597
Total equity 1,364,647 1,368,205
Total liabilities and equity $ 2,607,568 $ 2,665,761
Common Stock, Par or Stated Value Per Share $ 1.25 $ 1.25
Preferred Stock, No Par Value $ 0 $ 0
Preferred Stock, Shares Authorized 5,000 5,000